
Tax evasion: ten terms you need to know
Tax evasion and tax avoidance feature highly on the agenda of this year’s meeting of leaders of the world’s richest countries starting today at Lough Erne. Recent reports on the low or no corporation tax paid by large companies, and on tax evasion by individuals, have made headlines. Evidence of the erosive effects of such practices on public revenues and their implications for development has led to mounting public demand for reform.












